Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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Sven
Lynn,
Thank you so much. I am planning on a 3-year ladder since I am a year away from retirement. Lots of spreadsheet work to calculate the income replacement needed. This ladder will create a steady income stream. So thank you for all your help.
I moved back to high quality bond funds this year. Some of which you covered in the SA article. For now, I will stay with agency bonds to the bond ladder. I will pick active managers for corporate bonds.
Sven
@yogibb is spot on. Historically transformers use dielectric liquids as cooling fluids. The more common one is PCB, which is a highly toxic substance and has phased out in US. That is the reason why China is manufacturing these transformers, and …
Remember we have a mob boss running the show. And he answers to President Sicko.
There you go no “T”word.
As BS1k, best to ignore this troll who has contributed nothing useful to this board.
That would pose undue hardship for many budget minded families, including us.
As those who like pickup trucks and SUV, they will see a lot more then $4K increase; something more like $10-15K!
Here is a Barrons article on price hike.
https://m…
The earning season is coming and it won’t be pretty. There may be better buying opportunities ahead after 10%+ pullback. At that point, the valuation may return to the nominal range.
The FED is in a tight spot right now with slowing economy and …
Numerous studies have indicated excessive trading often leads to lower returns.
It boils down to creating a sensible investment plan with an asset allocation
suitable to an investor's risk tolerance/risk capacity,
and then sticking to the plan (maki…
Trump tells car manufacturers NOT to hike car prices from tariffs he imposed. As it stands, car manufacturers stand to loss billions of added cost. Can you envision what it does to their earnings?
Does the man know his math, let alone economics…
Be ready for the price hike for just about all name brands. So much wins with these tariffs and their impact on inflation.
https://apple.news/A8j5V1-XQTu6Gk1aIVZJZQA
Treasury secretary Bessent stated that " “Access to cheap goods is not the essen…
What goes around, comes around.
What is alarming in Tesla’s problem in Europe is not just the falling sale, the overall EVs sale are growing nicely at the same time.
Tesla is also falling behind in China which is a bigger market than EU. BYD a…
Sale of Tesla cars also falling behind in China in 2024.
In 2024, BYD had a 32% share of China’s total market for new energy vehicle sales, which includes hybrids. Tesla claimed only 6.1% of the market, despite reaching a record high in terms of …
VGMS ER 0.3%, comparable to other actively managed multiple sector ETFs such as BINC.
Other Vanguard actively managed, core and core-plus bonds also available in ETFs.
@rfono, I have had limited success with EM debts - volatile and geopolitical risk. So I will shy away from them.
I prefer European debts, especially among the Nordic countries. Professor Snowball provided a detailed write up on NRDCX several mon…
Good move @rono. You have a lot more stomach to play with Tesla.
We have been moving more US bonds to overseas debt, NRDCX. Our target is to have 40% invested outside of US. Next is more country-specific stock index.
You are welcome. I first read the article in Barrons, then it appeared in Apple News. Perhaps for Apple News subscribers, they can get access to it. Dan Ivasyn seldom provides interview unlike Bill Gross. Thanks to @Lewis Braham, the article is w…
Is that something in addition to the 1099-B and or 1099-DIV? We received only one 1099-DIV from TRP.
Think we will transfer our remaining funds to Fidelity this year. We got our tax return done a week ago with no issues.
@Observant1, the recent Barron’s article on Ivascyn and Murata’s PIMIX also describes their move to higher quality debts (he likes agency and mortgage-backed bonds) and reduced junk bonds. Additionally, moving from 0.8 to 4.7 years in duration is du…
Bank loan funds are lagging money market this year. So does high yield bonds. They had their run in the last several years. Think it is time to go higher quality and perhaps venture into longer duration.
PRWCX typically has 8-10% invested in ba…
@yogibb, what is the common wisdom say when the Bull-Bear Spread is low as now? I have build my cash position and be patient. Getting 4% yield from money market is reasonable.
Powell stated there may be two rate cut this year. They are in a tough spot with many unknowns.
If inflation stays above the target 2% range and growth slows, this would become stagnation.
interest payments to some creditors could be stopped may destabilize Treasuries and dollar
Isn’t it the same as defaulting on the debt obligation ?
In January 2025, Barrons mentioned that U.S. Will Lose Its Last Triple-A Credit Rating .
https:…
Thank you very much. This hour-long interview provides more information on Giroux and his portfolio management this year. Additional noteworthy points he made:
1. PRWCX is now at 51% equity whereas historically stock allocation is at 60%.
2. All…
/// BARTIROMO: Investors are on edge over the possibility of a recession after the Atlanta Fed predicted a 2.4% contraction this quarter
LUTNICK: What? Say that again? 2.4% contraction?! Right here right now -- that is ridiculous
Wow! That is all …
Not to pile on the article above. The concluding statement is generalized with the aim at a broad audience. Everyone on this board is in different phases of investing. Some are working while other are retiring or in-retirement already. Thus, we h…
The worst part is the extension of tax cut for the wealthy and raise the debt limit. So much for being the fiscal “conservative” party as the federal deficit continues to rise.
Thanks to @LewisBraham, the article describes why Ivascyn move the bond sectors PIMIX’s to another while increasing the quality and duration from 9/31/20 to 1/31/25.
excerpt:
“One of the core themes that we have today is that bonds are cheap, s…
Absolutely agree! Poor policy often have significant consequences. The top talent will move overseas so they continue their research.
This is similar to the Alzheimer diseases during Reagan administration. The stoppage paused the momentum that …
NOAA is crucial to maintain safety warning ahead before disaster strikes. When the western states are have longer wildfire season and higher occurrences, that is Mother Nature. Same goes to hurricanes in the southeast region.
The finance impact is…
Here is an article from National Institute of Health, “ Measurement of mercury levels in concentrated over-the-counter fish oil preparations: is fish oil healthier than fish?”
Context: Fish consumption has been associated with a decreased risk of c…
The worst insult to everyone is that he will cut tax for the wealthy and let the rest of us suffer with inflation and unemployment.
Noted many GOP representatives are no longer holding town hall meetings as they meet with their angry constituents…
A well balanced asset allocation tends to ride out the storm better.
If you examine the bond portion of PRWCX, Giroux divides the bank loans and high yield (higher risk), corporate (medium risk) and treasury (lower risk). Also he maintains a hig…
I for one has a hard time to see this year will end well with he possibility of a soft landing. Inflation alone will keep the already expensive stock market from advancing further.
Adding tariffs to Canada, Mexico, and China is like adding fuel t…
It is to see negative correlation between bonds to stocks at work today. Investment grade bonds did well. Short tern junk bonds lost a bit.
The 10 years treasury fell 10 bps.
https://home.treasury.gov/resource-center/data-chart-center/interest-r…
Thank you. Very well written. Excerpt from her article.
Now, even Trump won’t rule out a potential recession. If other consequences of Trump mismanagement and chaos manufacturing arise (e.g., a government shutdown, a default on the U.S. debt, esc…
I believe all of us were vaccinated as kids when we entered public school, and it should still be effective against measles. For the elderly who have compromised health, a booster shot is recommended according to my doctor. Two confirmed dead in Tex…
